first time buyers mortgage

We get your buy to let mortgage

Whatever your situation, our mortgage advisors can help you find the right mortgage and guide you through the entire process, whether it's your first Buy to Let property, adding to your portfolio or remortgaging. We have access to all major buy-to-let lenders, including those who specialize in lending to professional landlords and consumer landlords.

We aim to save you time, hassle, and hopefully money too. Our Buy To Let mortgage advisors are very flexible and offer appointments over the phone, via video call or face to face from 8am – 7pm. Book now to get your buy to let mortgage quote, it takes just 30 seconds.

Why choose us

  • Rated as excellent 4.98/5 on
  • 100% of reviewers recommend GHL Direct.

Expert advice in 3 simple steps

Book a fee free call

It takes less than 30 seconds to schedule a meeting with a buy to let mortgage advisor.

We'll call you back

Find out how much you can borrow and the maximum mortgage you can comfortably afford ton your buy to let.

And guide you through

We will be there to help you every step of the way, with a friendly, knowledgeable mortgage advisor by your side.


Mortgage options explained

Fixed-rate mortgages
When you get a fixed-rate mortgage, your monthly payments will remain the same no matter what happens with interest rates. There are various fixed-rate periods, including 2, 3, and 5 years.

Tracker mortgages
As the Bank of England’s Base Rate rises or falls, tracker mortgages follow it. An agreed margin is added to the Bank of England’s Base Rate to calculate the interest rate. A ‘lifetime’ tracker is for the life of the mortgage, and a ‘term’ tracker is for a period of two or three years.

Standard variable rate (SVR) mortgages
A SVR is the rate of interest charged once a fixed rate or term tracker period ends. Instead of switching to a SVR, you can usually move to another fixed or tracker product.

A mortgage commonly comes with two payment options, capital repayment and interest-only. It is imperative to carefully consider these options.

What is a capital repayment mortgage?
A capital repayment mortgage includes both capital repayments and interest payments each month. If you use this repayment method, your mortgage will be fully repaid at the end of the term.

What is an interest-only mortgage?
When you have an interest-only mortgage, your monthly payment covers only the interest on your loan, so your capital debt doesn’t decrease over time. Lenders will want to see evidence that you will be able to repay the debt in the future. Buying to let is often done with an interest-only mortgage.

The amount you can borrow on your buy to let mortgage is based on what your likely monthly rental income will be.

Mortgage lenders use interest cover ratios or rent to interest calculations to work out how much profit a landlord (you) is likely to make. This makes sure that rental income can cover the cost of the mortgage plus a margin to cover other costs that may arise.

Depending on the lender and the mortgage product the projected rental income could be at least 125% of the mortgage

mortgage advisor
of reviewers recommend GHL Direct
  • £25,000
  • £500,000

Loan amount


Rate of interest


Rental income needed


Minimum income required


Buffer rate

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Advice for buy to let landlords

Investing in a buy to let mortgage involves a lot of costs and ongoing expenses that are easy to underestimate. You should consider them even if none of them apply to you.
  • Mortgage Advice Fee

    An initial meeting with a GHL Direct buy to let mortgage advisor is always fee free and without obligation. Depending on your situation, some mortgage advisors may not charge you a broker fee. A mortgage advisor will take a commission from the lender or bank providing the loan. Our fee for arranging your mortgage will be explained before we get started.

  • Buy To Let expenses

    It is easy to plan for some costs, but others may surprise you.

    Maintaining a record of your expenses and how much you get in rent each month is a definite must do. Additionally, it’s a good idea to have a buffer for unexpected costs. In addition, most landlords need to set aside a buffer for:

    • Management fees
    • Property insurance (we can help with that too).
    • Repairs to buildings or utilities
    • Maintenance costs such as gas and electricity checks
    • Times your property is empty between tenants
    • Gas safety checks and certificates
  • How much rent you will charge

    Knowing your rental yield will help you determine how much rent to charge. 

    The rental yield of your property is the amount you make from renting it out. It’s calculated as a percentage. To calculate your rental yield, divide the rent you plan to charge by the property value and other purchase costs. To determine whether you’re charging too much or too little, you should compare your rental yield with other rental yields in your area.

    Costs and income to think about

    • Rental income – work out the minimum you need to turn a profit
    • Rental prices in the area the property is in
    • Furnishings and appliances
    • Local amenities like stations, schools, bus stops. If you’re near a school or station, people may be willing to pay more rent as they can save on travel
    • It’s imperative to find a balance. You want to make a profit but avoid putting tenants off by charging higher than other properties in the area.

  • Guaranteed rent schemes

    Guaranteed rent schemes don’t appeal to lenders.  

    In these schemes, landlords let a third party manage their properties. As a fee, they pay the landlord a fixed income and take a portion of the rental income. Although you still earn income when the property is rented out, it comes out of your rental income, so you still have to pay more.

  • Finding Tenants

    You will need to choose between using a letting agent, who will find tenants, obtain any references and draw up a tenancy agreement on your behalf, or being self-managed and making your own arrangements.

  • Energy Performance Certificates (EPC)

    EPCs are compulsory whenever a property is let to a new tenant. You will be responsible for making sure the EPC is available to tenants when required and if
    you decide to sell the property.

  • Collecting the rent

    You may want your tenants to pay rent directly in to a designated account or you may want a letting agency to manage this for you.

View our free mortgage guides for an easy to read introduction on the mortgage services we offer.
Consumer Mortgage AdviceBuy To Let MortgageMortgage PropositionHome Insurance Advice

What is a mortgage survey

Mortgages aren't the only factors involved in buying a home; solicitors, surveys, and insurance are too. Mortgage lenders require a survey before approving your loan. Home surveys come in several types.

Protecting your Investment

We work with you

We will want to learn more about you, your circumstances, and your overall financial position. We’ll also want to hear your thoughts on which type of mortgage you believe is right for you, before we talk you through the pros and cons of each option.

Once we have identified the options available, we’ll meet with you again or discuss our recommendations over the phone. We’ll also write to you so you can review what we have suggested, and why.

Assuming you’re happy with our buy to let mortgage recommendation, we’ll work with you to complete the application forms and liaise on your behalf with solicitors, valuers and surveyors. We can also talk you through the vital areas of financially protecting your new property and we’ll stay in touch throughout the process – and into the future.


Your home or property may be repossessed if you do not keep up repayments on your mortgage. Some buy to let mortgages are not regulated by the Financial Conduct Authority.